War in Ukraine will cripple global food markets

[abqtommy]

4. I looked this up: Wheat Imports By Country, 2020:

https://www.worldstopexports.com/wheat-imports-by-country/

Below are the 15 countries that imported the highest dollar value worth of wheat during 2020.

Egypt: US$2.7 billion (5.6% of total imported wheat)
Indonesia: $2.6 billion (5.4%)
Turkey: $2.33 billion (4.8%)
China: $2.26 billion (4.7%)
Nigeria: $2.06 billion (4.2%)
Italy: $2.04 billion (4.2%)
Algeria: $1.65 billion (3.4%)
Philippines: $1.57 billion (3.2%)
Japan: $1.53 billion (3.1%)
Morocco: $1.42 billion (2.9%)
Brazil: $1.34 billion (2.8%)
Bangladesh: $1.28 billion (2.6%)
Mexico: $1.1 billion (2.2%)
South Korea: $970.5 million (2%)
Netherlands: $955.1 million (2%)

Among the above countries, the fastest-growing markets for wheat since 2019 were: mainland China (up 150.8%), Nigeria (up 62.3%), Morocco (up 48.2%) and Italy (up 12.1%).

Those countries that posted declines in their imported wheat purchases were led by: Netherlands (down -16.4%), Egypt (down -10.9%), Brazil (down -9.9%) and Bangladesh (down -8.9%).

By value, the listed 15 countries purchased 53.2% of all wheat imported in 2020.

More at the link. Houston, we have a problem!